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- ★ For Sale: 1 Underground Parking Space ★ Garage in the Köln Westhoven Residential Complex / Investment Property.
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★ For Sale: 1 Underground Parking Space ★ Garage in the Köln Westhoven Residential Complex / Investment Property.
Ziegeleiweg 28, 51149 Köln (Westhoven) – Nordrhein-WestfalenI am offering for sale a rented parking space in the Süd garage of the Westhoven residential complex, accessible via Ziegeleiweg, 51149 Cologne-Westhoven. The parking space is located near the entrance to house number 28.
The parking space is currently rented out for €59 per month. There is no separate billing of additional costs to the tenant. Based on the purchase price, this corresponds to a gross rental yield of approximately 7.1% per year, before purchase-related costs.
The monthly service charges are currently €25, and will increase to €29 per month starting in January. This increase is primarily due to a higher contribution to the maintenance reserve fund.
Access is at ground level and without a ramp, via a roller door. The garage is lit and, due to its partially open design, is relatively bright. According to the layout plan, the Süd garage has a total of 160 parking spaces.
Are you interested in this offer?
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Object Number
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OM-491837
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Object Class
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Garages, parking spaces
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Object Type
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Garage
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Handover from
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By arrangement
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Purchase price & additional costs
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purchase price
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9.990 €
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Purchase additional costs
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approx. 1,168 €
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Total costs
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approx. 11,157 €
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Details
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Condition
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Well-kept
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Heating
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Central heating
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Year of construction
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1975
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Equipment
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Elevator, Barrier-free
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Infrastructure
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Pharmacy, Grocery discount, General practitioner, Kindergarten, Primary school, Secondary school, Middle school, High school, Comprehensive school, Public transport
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Information on equipment
For economic considerations, a parking space can only be compared to a rented apartment to a limited extent: Typical expenses associated with apartments, such as painting, flooring, bathroom renovations, or renovations when a tenant moves out, do not apply to a parking space. Measures related to common areas (e.g., lighting, markings) are organized by the homeowners' association (HOA), and a maintenance reserve fund is established for this purpose. For investors, a parking space is only comparable to a rented apartment to a limited extent: typical renovation costs associated with a change of tenant do not apply. The renovation of the underground garage ceiling joints has been completed. The renovation cost amounted to approximately €2,500 per parking space and has already been funded. As of January 1, 2026, the underground garage had reserves totaling approximately €307,000, including the existing special reserve for renovations. The further development of the property, particularly the topic of charging infrastructure/electric mobility, will also be addressed within the HOA. If you are seriously interested in purchasing, I would be happy to provide you with the relevant HOA documents and meeting minutes. Sale directly from the owner, without commission. All information is provided to the best of our knowledge and belief.
Location
The parking space in the Wohnpark Westhoven has its own land registry entry and is part of the large, established residential complex with over 500 apartments and over 500 parking spaces. It is located on Ziegeleiweg in a smaller, ground-level garage.
The residential complex also has its own website, which can be easily researched online in advance. Those who would like to get a first-hand impression can, of course, also visit the residential complex and the access road via Ziegeleiweg in person.
Location Check
Energy
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Main energy source
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District heating
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Miscellaneous
Topic portals
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